There are certainly a lot of boats languishing for sale at my marina.
And bunches more empty slips than there were last year.
The fact that my marina hasn't raised annual slip rentals for the last two years (after really pounding us with increases in 2004 and 2005) suggests the overall boating market is soft.
As for fuel costs, last month I had my sailboat in St. Augustine and docked next to a 45 sportsfishing boat. The owner told me it costs him $1,500/trip to make a Gulf Stream run for fishing for one day. Even though he looked prosperous, he said he was cutting back significantly on the number of trips he made and expecting his guests to chip in for fuel costs whenever he took them out.
I told him my little Yanmar burned a 2-3 quarts/hour, but didn't get any sympathy.